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If You Like “Bidenomics,” You’ll Love His Drug Price Controls
An increasingly frustrated Joe Biden insists on declaring Bidenomics a success, despite Americans’ overwhelming recognition of its obvious failure.
Doubling down on that failure, Biden now aspires to do to pharmaceutical innovation and the healthcare sector what he’s done to the broader economy.
To mark the first… |
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Biden’s Drug Price Controls Already in Legal and Political Jeopardy
Joe Biden apparently assumed that the drug price control provisions of his “Inflation Reduction Act” (IRA) offered a political slam-dunk in the leadup to the 2024 presidential campaign.
Although price controls violate immutable economic principles and maintain an unbroken record of failure across time and geography, they somehow… |
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U.S. Experiences Record Drug Shortages in Wake of Price Controls
"The record of price controls goes as far back as human history. They were imposed by the Pharaohs of ancient Egypt. They were decreed by Hammurabi, king of Babylon, in the eighteenth century B.C. They were tried in ancient Athens." -Henry Hazlitt
If the popular definition of insanity as “doing the same… |
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China Controls Your Meds
Democrats and Republicans battered TikTok's CEO at a House of Representatives hearing on Thursday -- for good reason. The Chinese app poses a national security risk, accumulating troves of data on its American users. TikTok CEO Shou Zi Chew's slithery comment that "I don't think spying is the right way to describe it," only heightened concerns… |
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CFIF Launches New Ads Calling for Full Repeal of Tennessee’s Certificate-of-Need Laws
“Lost Hospitals, Lost Health Care Services, Lost Jobs…It’s Time to Fully Repeal the Tennessee CON.”
NASHVILLE, TN – Today, the Center for Individual Freedom (CFIF) launched a new digital advertisement in the Knoxville media market as part of its ongoing campaign calling for full repeal of Tennessee’s Certificate… |
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Biden Drug Price Controls Threaten Alzheimer’s Breakthroughs
For years, we’ve hoped in vain for Alzheimer’s disease treatments that improve survival rates or quality of life as witnessed with so many other diseases.
We now have two promising breakthrough treatments, but due to the Biden Administration’s agenda of socialized medicine and drug price controls, millions of Alzheimer… |
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Biden's 'America Last' Health Treaty
President Joe Biden's diplomats are negotiating a treaty with the World Health Organization to promote so-called global health equity. The premise is that in a pandemic or other worldwide disease emergency, Americans should not get better or faster health care than inhabitants of third-world countries. If Biden rams this through, Americans will suffer… |
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Europeans and Americans Alike Discovering the Pain of Socialized Medicine
"European governments are trying to create incentives for research investments, but they are making our lives miserable on the commercial side."
That was Bayer Pharmaceutical Division president Stefan Oelrich, lamenting how drug price controls and socialized medicine in Europe cause supply shortages and stifle pharmaceutical… |
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Yikes! Life Is Getting Shorter in America
It's one thing when government raises your taxes, suffocates your business with regulations or censors your tweets. It's far worse when government is to blame for actually shortening your life.
U.S. life expectancy dropped to 76.4 years, the lowest in 25 years, according to new federal data. Americans should be gasping. What could be more important… |
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CFIF Launches Ad Campaign Calling for Repeal of Tennessee’s “Certificate of Need” (CON) Laws
NASHVILLE, TN – This week, the Center for Individual Freedom (CFIF) launched a digital and radio advertising campaign calling for the repeal of Tennessee’s “Certificate of Need” (CON) laws. The ads, which are running in the Nashville and Knoxville media markets, highlight how CON laws give unelected government bureaucrats too… |
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The Mysteries of Long COVID
When the original strain of COVID-19 arrived in spring 2020, a pandemic soon swept the country.
By far most survived COVID. But hundreds of thousands did not. American deaths now number well over 1 million.
Amid the tragedy, there initially was some hope that the pernicious effects of the disease would all disappear upon recovery among the nearly… |
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The Democrats' Lifespan Reduction Act
Across the pond, Brits are demanding their next prime minister do something to reduce the U.K.'s notorious cancer death rates. But here in the U.S., Democrats are doing the opposite. They're pushing for European-style price controls on drugs that will slow cancer cures and lead to more deaths. Americans enjoy the highest cancer survival rates in the… |
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Drug Prices Remain Moderated, but Democrats Nevertheless Push Destructive Price Controls
A year ago this week, Joe Biden went on record dismissing inflation – which had quadrupled from 1.4% to 5.4% during his first six months – as “temporary”:
Some folks have raised worries that this could be a sign of persistent inflation. But that’s not our view. Our experts believe, and the data… |
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The CDC Is Deceiving the Public Again
If you have to go to the hospital, you don't want to end up in a dangerous one.
The federal Centers for Disease Control and Prevention knows which hospitals are riskiest, but it's hiding that information from you – your safety be damned. The feds seem to think they work for the hospital industry, not for you.
Whenever a hospital… |
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Beware Fauci's Scheme To Empower the World Health Organization
When the next pandemic hits, President Joe Biden wants the World Health Organization – a puppet of the Chinese Communist Party – to have more power over the U.S. and other countries. Among other changes, WHO is pushing for "equity" in access to vaccines and medicines, meaning the U.S. will be hindered from… |
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Drug Price Controls Reemerge from Biden’s “Build Back Better” Rubble
Regarding the Beatles, it’s often observed that their whole was greater than the sum of their four individual parts.
In other words, paraphrasing Aristotle’s maxim, together they achieved a magical symbiosis surpassing anything that their individual talents added together might have otherwise anticipated.
In any… |
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New Study Confirms How Drug Price Controls Kill Investment and Innovation
Anyone who considers European healthcare a model to emulate or welcomes government drug price controls just received a jarring corrective in the form of a new study by VitalTransformation.
For example, as of 2019 late-stage biopharmaceutical venture capital funding in the European Union (EU) amounted to just 3% of the United States level… |
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Fauci Puts Us at Risk
A new COVID-19 variant, reported from sub-Saharan Africa on Wednesday, has caused many developed countries to halt travel from that region without delay. All except America, which, thanks to Anthony Fauci, dithered and ultimately put into place a tepid plan to go into effect on Monday.
As if viruses don't spread and kill on holiday weekends.
As soon… |
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Biden Administration Seeks to Kill the Moderna Goose that Laid the Golden Vaccine Egg
The same Biden Administration that seemed almost annoyed at having to evacuate desperate Americans from the Afghanistan chaos of its own creation apparently holds even greater contempt toward U.S. pharmaceutical innovators that came to the world’s rescue in 2020.
The administration embarrassingly prostrates itself before the Taliban… |
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Congressional Drug Price “Negotiation” Proposal Would Cost Lives, Defy Voters
Just like in 1994 and 2010, voters this week sent an unmistakable signal to Congressional Democrats on their radical legislative agenda: Pump the brakes.
Former Obama shaman David Axelrod certainly got that message, lamenting on CNN as the votes rolled in that they’d be wise to reconsider their pending multi-trillion-dollar… |
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New Vaccine Science Shows Mandates Are Unwise
New scientific findings in the prestigious Lancet Infectious Diseases journal blow a hole in the argument that workers need to get vaccinated to protect those around them. The findings prove the foolishness of forcing police and other public employees to get jabbed or lose their pay. And President Joe Biden should retract his order to the Occupational… |
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H.R. 3 Will Kill U.S. Drug Innovation, University of Chicago Finds
Americans understandably tune out ongoing political battles in Washington, D.C. According to two separate and devastating new studies from the University of Chicago and the non-partisan Congressional Budget Office (CBO), however, Americans had better pay attention to H.R. 3, Nancy Pelosi’s healthcare price control legislation.  … |
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Why Isn't Biden to Blame for COVID-19 Deaths?
One of the most morally revolting talking points taken up by Democrats in their effort to deflect attention from President Joe Biden's deadly incompetence in Afghanistan is to minimize the deaths of 13 troops in Kabul, Afghanistan, by pointing out that more people are dying from COVID-19 every day.
First of all, if we use the standards that Democrats… |
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Public Health Officials Conceal Hospital Infection Outbreaks
Public health officials struggle with telling the truth. They seem to think people don't deserve to know. At the beginning of COVID-19, they told us we didn't need masks instead of admitting there was a mask shortage.
Last week, health officials announced outbreaks of a hospital infection that's highly contagious and untreatable by any medication… |
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Biden Ignoring COVID-19 Dangers at Border and in Hospitals
COVID-19 cases in the US leapt 47.5% last week from the previous week. Shots in arms, not shutdowns, are the answer. Among the big risks to Americans right now are unvaccinated healthcare workers and unvaccinated, undocumented migrants fanning out across the U.S. But President Joe Biden is putting politics ahead of tackling these two politically toxic… |
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Debunking Some Anti-Patent Myths
Throughout its history, the United States has led the world in protecting intellectual property (IP) rights. On that foundation, we’ve also led the world in artistic, commercial and scientific innovation, particularly with lifesaving medicines and vaccines. Yet patent rights are under increasing assault, with some charging biopharmaceutical… |
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Biden Dropping the Ball on Preparedness
Life is getting back to normal, and not a day too soon. But scientists warn that another pandemic could smack us. While we're letting down our guard, the federal government should be preparing for that possibility. The 581,000 deaths and economic destruction our nation suffered were caused more by unpreparedness and poor decision-making than by the… |
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Punishing Big Pharma for Its Success Will Cost Lives
The New York Times reports that "Pfizer Reaps Hundreds of Millions in Profits From Covid Vaccine." The pharma giant Pfizer earned revenues of $3.5 billion in the first three months of 2021, estimated to generate around $900 billion in profits. All the company had to do was create a safe drug that effectively alleviated the threat of the most… |
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In Welcome Bipartisanship, Senator Chris Coons Stands Up for Strong Pharmaceutical Patent Rights
Amid today’s spiral of societal acrimony, even hardened partisans can appreciate those rare instances of sobriety and bipartisanship from elected officials.
That’s particularly true when the policy issue in question is literally one of life and death.
We witnessed a welcome moment of such sobriety last week, when… |
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Science Says If You're Vaccinated, Enjoy Life Again
For 14 months, the Centers for Disease Control and Prevention has recommended draconian restrictions on Americans' daily lives to combat COVID-19. The CDC made light of the hardships and economic losses the restrictions inflicted. Call the agency the "Centers for Doubletalk and Confusion." Now, evidence is emerging that the restrictions were… |
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